Accession Number:

ADA028896

Title:

Real Time Visibility of Value-of-Work Completed for Development Contracts.

Descriptive Note:

Study project rept.,

Corporate Author:

DEFENSE SYSTEMS MANAGEMENT SCHOOL FORT BELVOIR VA

Personal Author(s):

Report Date:

1975-05-01

Pagination or Media Count:

123.0

Abstract:

Background history and the need for a timely, comprehensive management information system to allow effective control of costs and schedules of development programs are presented. Criteria for a good management information system are delineated. The management information system presented is first defined as using contract deliverable data, line-of-balance data, and contract deliverable hardware combined to form a complete set of program milestones directly related to the taskssubtasks of the work breakdown structure. Second, use of these milestones and their completion status at selected points in the performance of the contract to measure value-of-work to date is explained. No estimates to complete or estimates at completion are required from the functional elements of the organization. Finally, the data collected during the performance of a major electronics development contract using the system is shown and a representative example is traced through the critical period of the contract. The system requires no additional program office personnel and all cost analysis is performed in the program office. Timely visibility of cost and schedule problems is demonstrated.

Subject Categories:

  • Administration and Management

Distribution Statement:

APPROVED FOR PUBLIC RELEASE